Describe the major outcomes of the 26th session of the Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC). What are the commitments made by India in this conference ?

Major Outcomes

1. Release of first edition of a Global Stocktake review of climate Actions → It suggested to increase renewable energy adoption by 3 times. → Also world is not on track to achieve 1.5°C target by end of century.

1. Renewable energy & Energy Efficiency Pledge To speed up the renewable energy. (India is not part of it).

2. ALTERRA FUND by UAE companies set up with $ 3-4 Billion.

3. Loss & Damage Fund sanctioning of amount to it ~ $ 20 Billion.

4. Africa Decarbonisation Industry Initiative for African continent.

5. Nuclear Energy pledge To increase it by 3 fold.

6. Utilization and support to Green climate change fund.

Indian Engagements

1. Green Credit Program (Initiative), it will help to utilise green funding and decarbonisation.

2. River City Alliance launched for technology transfer & cultural exchanges.

3. Lead IT 2.0 help for decarbonisation of Industry.

4. opposition to Global Methane Pledge.

CBAM | Carbon Border Adjustment mechanism

1. To adopt PHASE DOWN from PHASE OUT due to per capita emissions low, US → 15.6 Tonne, India 3.8 carbon tonne / capita.